secwatch.observer — SEC 8-K summary
======================================

Issuer:     Trinity Capital Inc. (TRIN)
CIK:        0001786108
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001213900-24-063047
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Capital issues $100M of 7.875% notes due 2029; launches private credit fund with $60M commitments
--------------------------------------------------------------------------------

- Underwritten public offering of $100M aggregate principal of 7.875% Notes due 2029; over-allotment option for additional $15M.
- Net proceeds of ~$96.83M to repay Credit Agreement borrowings and redeem a portion of 7.00% Notes due 2025.
- Adviser Sub launched private credit fund (PCF) on June 28, 2024; company committed $10M alongside $50M from specialty credit manager.
- In Q2 2024, originated $289M in new commitments, funded $231M gross, and received $180M in repayments (preliminary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024063047/0001213900-24-063047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786108/000121390024063047/ea0209699-01_8k.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-063047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer